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Apartment in La Cala de Mijas, 2 bedrooms, 79 m² €399.000

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Bedrooms

Bathrooms

79 m²

Surface area

€

€5051

Price per m²

Apartment

Property type

Apartment in La Cala de Mijas, 2 bedrooms, 79 m² - Afbeelding 1

Apartment in La Cala de Mijas, 2 bedrooms, 79 m² - Afbeelding 2

Apartment in La Cala de Mijas, 2 bedrooms, 79 m² - Afbeelding 3

+12 photos

Analysis

Price

€399.000

Own investment (30%)

30% down payment of purchase price

€119.700

Buyer costs

Buyer costs: 10% of purchase price

€39.900

Estimated nightly rate

€112,66

Expected occupancy rate

67%

Gross rental p/m

€0000 Sign in to view

Mortgage costs

This is the monthly interest you pay for the mortgage(3.2%interest)

-€744,80

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€65,83

Cleaning costs

Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.

-€291,67

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€344,39

Municipal taxes

Municipal taxes for La Cala de Mijas

-€97,29

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€142,87

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

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Nightly Rates

Estimated nightly rate

€112,66

High season

€151

Mid season

€109,58

Low season

€90

Price determining factors

Proximity to golf courses and beaches: Premium location increases desirability.
Community amenities: Access to pools, gyms, and social areas adds value.
Views and outdoor space: Frontline golf views and large terrace are attractive features.
Property condition: Well-maintained condition supports higher pricing.
Market demand: High demand for holiday rentals and second homes in the area.

Comparable accommodations

Rate	Hotel / apartment	Distance
€133,60	An impressive beach house	1.1 km
€203	Casa Flores - Panoramic views, pool, tennis, BBQ	10.0 km
€132,40	Spectacular house on Carvajal Beach	10.3 km
€125,20	Picturesque Casita Mijas Pueblo	10.9 km
€166,80	Chariming and creative house 50m from the beach	11.3 km
€134,80	Cubo's Finca La Graciosa (Cubo's Farm)	16.5 km
€275,20	Casa Tetuan in old town Marbella, a manicured home	18.1 km
€186,80	Unique place with roof terrace in Old town	18.3 km
€116	Charming Sea Front Bungalow	20.6 km
€124,86	Sunny hillside casita in Guaro	22.0 km

Return & Value appreciation

Annual return

4.58%

5 Year Return

22.90%

10 Year Return

45.80%

ROI Distribution

Value development

Factors for value appreciation

Property condition: Well-maintained apartment with modern amenities enhances value.
Local market trends in 2027: Growing demand for holiday and retirement homes on the Costa del Sol.
Property type: Apartments in golf communities are highly desirable for both residents and investors.
Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
Demographic developments: Increasing number of retirees and expatriates seeking Mediterranean lifestyle.
Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities.
Historical WOZ value trends: Consistent increase in property values and taxes in the region.

Possible improvements

Renovate kitchen and bathrooms for modern appeal.
Upgrade flooring or fixtures to increase luxury feel.
Enhance outdoor space with landscaping or outdoor furniture.
Add smart home features for convenience and modernity.

Description

Experience the best of Mediterranean living in this stunning 2-bedroom, 2-bathroom apartment in La Cala de Mijas, Spain. Perfectly situated in the prestigious Los Prados de Calamijas community, this frontline golf residence offers unparalleled views and easy access to La Cala de Mijas's vibrant town center. Boasting a spacious 79 m² interior and a generous 33 m² south-facing terrace, this apartment is ideal for those seeking a permanent home, holiday retreat, or a lucrative golf-side investment on the Costa del Sol.